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Daily downstream news for the oil and gas industry providing global coverage of refining, processing and other downstream sector developments

Latest Downstream News:

Hans Petter Eikeland
The Board of Directors in Bergen Group ASA has appointed Hans Petter Eikeland as new CEO with effect as from 28 August 2015. - 28th August 2015
A new report from the Deloitte Center for Energy Solutions finds that for the oil and gas industry, deriving economic value from investments in IoT technologies is not a foregone conclusion, especially as newly opened sources of supply have driven down oil prices. - 27th August 2015
Sinopec
Sinopec, the Chinese state-owned oil major and Asia's biggest oil refiner, has posted a 22 per cent decline in quarterly profits amid global slump in oil prices. - 27th August 2015
18th August 2015

Petrobras chairman Murilo Ferreira was outvoted by his board as it elected to sell a stake in BR Distribuidora SA
7th August 2015

Shell has signed an agreement to sell its 75% stake in Tongyi Lubricants in China to Huo’s Group and The Carlyle Group.
22nd July 2015

Provider of continuous integrity monitoring technology wins milestone order